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Unemployment Claims rose from a pandemic-era low

Miguel A. Rodriguez
Miguel A. Rodriguez
16 September 2021
The latest surge of the Delta variant left its mark on the latest number of unemployment claims

According to the Labor Department, the number of people who filed for unemployment insurance for the first-time last week came in at 332,000. The market was looking for 325,000 filings. Last week’s numbers were significantly higher than those reported the previous week – 312,000.

Initial jobless claims had reached their lowest level since March 2020 at the start of September. The figures underscored that labor shortages and difficulties in hiring had been the biggest drag on the labor market.

The latest figures point to a mixed economic picture. USA500 lost 0.1%, and TECH100 shed 0.3%.


The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only.Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation. 

Key Way Markets Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.